We provide advice and counsel to purchasers or sellers of any property on a short sale basis, and as well as advice regarding properties purchased at foreclosure or from the bank once foreclosure has occurred.
It is extremely important to have a title search completed BEFORE purchasing a property at the courthouse steps. Once your bid is accepted, it is a binding sale. Your property may be in jeopardy of having a faulty title, and if you subsequently discover a title defect, it is too late to rescind the sale, and you will be the owner of an unmarketable property. When you’ve got only a few weeks to complete the purchase, a faulty title can make the process very difficult. Most title problems can eventually be resolved, but it may take months. Having a title search done before you bid, is the best way to avoid any problems in a foreclosure purchase.